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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (47312)	1/20/2000 8:17:00 AM
From: lorne	Respond to of 116762

Europe Precious Metals Review: Dealers cautious as gold slips London--Jan 20--Dealers were less positive about the recent gold price gains and the market in general Thursday morning following confirmation that South Africa's Harmony had unwound part of Randfontein's hedge book by 65% following its takeover of the company. The spot market slipped from US $289.50 per ounce to a low of $287.75 during the session. (Story .2270) Analysts see no surprises coming from fourth BOE gold auction London--Jan 19--Market sources were generally in agreement that the gold market will not react in dramatic fashion to Tuesday's fourth 25-tonne gold auction by the Bank of England (BOE). Most analysts are expecting a reaction similar to that of previous auctions, with players "jostling to get neutral ahead of the auction so they would not be unduly affected by any potential surprises," said one. (Story .14122) Asia Precious Metals Review: Selling from Australia caps gold Tokyo--Jan 20--Selling from Australia triggered profit-taking in the spot gold market in Asian morning Thursday, dealers said. Profit-taking also capped platinum Thursday following Wednesday's rally, while palladium was stable on expectations of another round of short-covering rally, they said. (Story .2200) crbindex.com